secwatch.observer — SEC 8-K summary
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Issuer:     MongoDB, Inc. (MDB)
CIK:        0001441816
Form:       8-K
Filed at:   2026-10-15T10:35:23+00:00
Accession:  0001628280-26-065934
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

MongoDB grants interim CEO Ittycheria $15M RSUs and $1M cash; CFO Berry gets $10M retention award
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- Interim President and CEO Dev Ittycheria receives a $500,000 base salary, a one-time $500,000 sign-on bonus, and a 70% target bonus ($350,000) prorated for fiscal 2027-2028.
- Ittycheria's $15,000,000 RSU grant vests in four equal quarterly installments on January 1, April 1, July 1 and October 1, 2027, fully vested October 1, 2027.
- CFO Michael Berry received a one-time $10,000,000 retention RSU award vesting in three equal installments on April 1, 2027, October 1, 2027 and April 1, 2028.
- Severance terms: 12 months of base salary plus up to 18 months of COBRA; a change-in-control termination adds 12 months target bonus and full equity acceleration.
- Ittycheria agreed to serve at least 12 months after a new CEO starts, not ending before April 1, 2028; the deal replaces his October 29, 2025 advisory agreement, and he takes no extra Board pay.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441816/000162828026065934/0001628280-26-065934-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441816/000162828026065934/mdb-20261012.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-065934

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